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Mixed-Use Property with Storefronts
New
For Sale
$850,000

281-285 Belmont Avenue, Springfield, MA 01108

Four residential units and two commercial storefronts create a combined residential and retail configuration.

Property Size8,000 SF
Price / SF$106.25
Days on Market4

Property Features for 281-285 Belmont Avenue

General Information

Standard status Active
Size 8,000 SF
Property subtype Multi-family

Additional Details

Multifamily Units 4

Building Details

Year Built 1990
Tenancy Multi
Listing Agency: Naples Realty Group
Listed By: Sheila Perez
Source: Hgjohnsonrealestate
Added: Aug 19 Changed: Aug 22 Last Checked: Aug 22 at 9:25AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Naples Realty Group

Investment Insights

Based on property information with market context.

Located at 281-285 Belmont Avenue, this mixed-use property combines four residential units with two storefronts. Two of the residential units are vacant, while the remaining units are occupied. The layout provides both residential and commercial components within one property, with storefront space suited to retail or other commercial occupancy supported by the existing configuration.

Built in 1990, the property measures 8,000 square feet and includes lead certificates. Its combination of dwelling units and storefronts offers flexibility for an owner-occupant or an investor seeking a property with residential and commercial components.

Key Highlights

  • Four residential units plus two storefronts
  • Two residential units are currently vacant
  • 8,000 square feet of mixed‑use property

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Law Firm Gym & Fitness Center Cafe & Coffee Shop Locksmith

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

940
Businesses Nearby

Demographics for 01108, MA

27,671
Population
11,332
Households
2.4
Avg Household Size
33
Median Age
21%
College-Educated
81%
High-School Grad
3.4 sq mi
ZIP Area
8,139
Density / Sq Mi
$51,851
Median Household Income
$34,539
Median Earnings
$1,224
Median Rent
$219,500
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Four residential units and two commercial storefronts create a combined residential and retail configuration.
Where is this mixed-use property located?
The property is located at 281-285 Belmont Avenue Springfield, MA.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: Four residential units plus two storefronts; Two residential units are currently vacant; 8,000 square feet of mixed‑use property
More about this property
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